Autodesk Inc (ADSK)
Quick ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,599,000 | 1,892,000 | 1,947,000 | 1,528,400 | 1,772,200 |
| Short-term investments | US$ in thousands | 287,000 | 354,000 | 125,000 | 235,700 | 85,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 5,151,000 | 4,351,000 | 4,000,000 | 4,009,400 | 3,254,700 |
| Quick ratio | 0.37 | 0.52 | 0.52 | 0.44 | 0.57 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,599,000K
+ $287,000K
+ $—K)
÷ $5,151,000K
= 0.37
The quick ratio of Autodesk Inc has shown some fluctuations over the years based on the provided data. As of January 31, 2021, the quick ratio was 0.57, indicating that the company had $0.57 of liquid assets available to cover each dollar of current liabilities.
However, by January 31, 2022, the quick ratio decreased to 0.44, suggesting a potential liquidity challenge as the company had fewer liquid assets to meet its short-term obligations. The quick ratio improved slightly to 0.52 by both January 31, 2023, and January 31, 2024.
By January 31, 2025, the quick ratio dropped to 0.37, signaling a significant decrease in liquidity compared to the previous years. Overall, the trend in the quick ratio of Autodesk Inc indicates some variability in its ability to meet short-term obligations with liquid assets, which may warrant further investigation into the company's liquidity management strategies.
Peer comparison
Jan 31, 2025